Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. If you held LTC at block 1371111 but haven't claimed yet, your LCC are still waiting for you!
After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 for more predictable block times as well as network protection from multipool hopping. To prevent early dominant miners from having an unfair advantage, block rewards scaled up linearly over the first 2000 blocks.
Soon, a brand new method of mining will be added to Litecoin Cash.
The Hive, our agent-based mining proposal, requires no specialised hardware; any desktop PC is fine. It's centered around the concept of worker bees, which can be created by any LCC holder, who then becomes a beekeeper.
Once mature, worker bees have a finite lifespan during which they live inside the blockchain and help to secure it by minting blocks. Beekeepers will earn rewards whenever one of their bees mints a block.
Litecoin Cash premine - about 0.65% of total money supply was premined for the developers ~ 5,46 mln coins.
Litecoin Cash [LCC] is a cryptocurrency with its own blockchain. The most actual price for one Litecoin Cash [LCC] is $0.003865. Litecoin Cash is listed on 6 exchanges with a sum of 22 active markets. The 24h volume of [LCC] is $1 979.54, while the Litecoin Cash market cap is $2 615 089 which ranks it as #527 of all cryptocurrencies. You can find more information about Litecoin Cash [LCC] on